The prosecution ofthe Quinns has reawakened nationwide anguish and finger pointing about thereasons for the cataclysmic collapseofthe Irish economy which had sailed so high on speculative fever for nearly 15 years.
Mr Sarris cited the "lack of substantial liquidity and significant risk of deposits outflow, with possible outcome thecollapseofthe credit institutions" as thereasons for the restrictions.
"I won't claim to have had any premonitions about thecollapse, but one ofthereasons I left was that we had moved so far away from fundamentals into a heady market that I wasn't really having fun anymore, " she says.
We can't afford -- no pun intended and for whatever many reasons -- to go back to a regulatory system that we had in place that led to the type of financial collapse that required the taxpayers to become involved.